Heidelberg Materials North America to acquire Giant Cement for $600 million

Heidelberg Materials North America has signed a binding agreement to acquire Giant Cement from its minority shareholders for approximately $600 million. Giant Cement's Thomaston, Maine plant is scheduled to shut in early 2025.

“Heidelberg Materials North America has signed a binding agreement with Giant Cement’s multiple minority shareholders to acquire the producer outright.”globalcement.com

• 1 source
• globalcement.comHeidelberg Materials North America enters into binding agreement to acquire Giant Cement for US$600m - Cement Sector News - Global CementGlobal Cement staffFeb 3, 2025

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